The price of existing dwellings in the UK increased significantly between 1990 and 2023. Existing housing reached a value of 331,000 British pounds in 2023. That was slightly lower than the previous year, when house prices peaked, but a substantial increase since 2019 when prices started to rise rapidly. Overall, flats or maisonettes in converted houses were the most affordable housing type in the UK in 2023.
Simple average house price for existing dwellings in the United Kingdom from 1990 to 2023
(in GBP)
* Data up to and including 2002 are from 5% sample. Data from 2003 are based on a significantly enhanced sample size. Data from September 2005 are collected via the Regulated Mortgage Survey. 2005 data are based on combined data from the Survey of Mortgage Lenders and the Regulated Mortgage Survey. As of 2015, data is to the nearest thousand GBP.
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Office for National Statistics (UK). (March 20, 2024). Simple average house price for existing dwellings in the United Kingdom from 1990 to 2023 (in GBP)
[Graph]. In Statista. Retrieved November 07, 2024, from https://www.statista.com/statistics/233023/price-of-existing-dwellings-in-uk/
Office for National Statistics (UK). "Simple average house price for existing dwellings in the United Kingdom from 1990 to 2023 (in GBP)
." Chart. March 20, 2024. Statista. Accessed November 07, 2024. https://www.statista.com/statistics/233023/price-of-existing-dwellings-in-uk/
Office for National Statistics (UK). (2024). Simple average house price for existing dwellings in the United Kingdom from 1990 to 2023 (in GBP)
. Statista. Statista Inc.. Accessed: November 07, 2024. https://www.statista.com/statistics/233023/price-of-existing-dwellings-in-uk/
Office for National Statistics (UK). "Simple Average House Price for Existing Dwellings in The United Kingdom from 1990 to 2023 (in Gbp)
." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/233023/price-of-existing-dwellings-in-uk/
Office for National Statistics (UK), Simple average house price for existing dwellings in the United Kingdom from 1990 to 2023 (in GBP)
Statista, https://www.statista.com/statistics/233023/price-of-existing-dwellings-in-uk/ (last visited November 07, 2024)
Simple average house price for existing dwellings in the United Kingdom from 1990 to 2023 (in GBP)
[Graph], Office for National Statistics (UK), March 20, 2024. [Online]. Available: https://www.statista.com/statistics/233023/price-of-existing-dwellings-in-uk/
